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Chipotle Mexican Grill (CMG) Beats Q3 Earnings Estimates

Chipotle Mexican Grill (CMG) came out with quarterly earnings of 0.27pershare,beatingtheZacksConsensusEstimateof0.27 per share, beating the Zacks Consensus Estimate of 0.25 per share. This compares to earnings of 0.23pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof80.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8%. A quarter ago, it was expected that this Mexican food chain would post earnings of 0.31 per share when it actually produced earnings of $0.34, delivering a surprise of 9.68%. Over the last four quarters ...